Thursday, August 28, 2008 Auctions Continues to Build Trust in its Marketplace, Inc. announced it has been dismissed from a recently filed lawsuit alleging patent infringement. The suit, brought by Transauction LLC against and four other internet auction companies, alleged infringement based on's use of a third party's auction bonding services on the auction site (

These bonding services provided a means for auction sellers to bond for their performance in auctions conducted on's site. The plaintiff dismissed the suit when's bonding service provider resolved concerns with the plaintiff.

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